Construction & Real Estate

Construction & Real Estate

Ladun secures $637m Riyadh infrastructure development contracts

Wed, 06 May 2026

Ladun Investment Company has secured SAR2.39 billion ($637 million) contracts to carry out infrastructure development work at Al Qirawan and Al Narjis districts as well as the Namar real estate development - in the Saudi capital. They will be executed in consortium with Al Ayuni Investment and Contracting.

Construction & Real Estate

Riyadh begins major intersection upgrades in key districts

Wed, 06 May 2026

Work has begun on a series of intersection upgrades in Riyadh’s western and southern districts, including the one at Ali bin Shiban Street in Al Awali district, as well as the intersection at Ibn Majah Road, as authorities move to modernise infrastructure and ease congestion in the fast-growing capital.

Construction & Real Estate

New President and CEO named for National Fire Protection Association

Wed, 06 May 2026

The National Fire Protection Association (NFPA) Board of Directors has unanimously voted to appoint Ross Ashley, a visionary executive with more than 30 years’ experience in corporate leadership, public safety, intelligence and emergency management as the next president and CEO.

Construction & Real Estate

Palmridge picks JLL to deliver PMC services for key Jumeirah project

Wed, 06 May 2026

UAE developer Palmridge has signed up real estate expert JLL to deliver project and cost management services on its new residential project - Villea West - in Jumeirah Garden City, Dubai. Set for 2027 completion, the project comprises 229 furnished apartments with a mix of studios and one-bedroom units.

Construction & Real Estate

Ladun, Al Ayuni win $87m project under Real Estate Balance Program

Wed, 06 May 2026

Ladun Investment Company, in consortium with Al Ayuni Investment and Contracting Company, has secured a major infrastructure development contract valued at SAR326.7 million ($87.08 million), according to a Saudi Stock Exchange (Tadawul) filing.

Construction & Real Estate

EtihadWE signs EPC contract with NMDC for Fujairah desal plant

Wed, 06 May 2026

The Development and Investment Arm of Etihad Water and Electricity (EtihadWE) has signed an engineering, procurement and construction (EPC) agreement with NMDC Infra and Lantania Aguas for the Fujairah I Independent Water Producer (IWP) project.

Construction & Real Estate

Holcim launches locally-sourced ECOPlanet low-carbon cement in UAE

Wed, 06 May 2026

Holcim, the leading partner for sustainable construction, has launched its latest ECOPlanet low-carbon cement in the UAE, produced from locally sourced materials.

Construction & Real Estate

Dubai residential property sales hit 57,300 in four months of 2026

Wed, 06 May 2026

Dubai's residential real estate market recorded more than 57,300 sales between January and April 2026, with transactions in the off-plan sector rising 3.3% year-on-year, says leading real estate advisory and property consultancy Cavendish Maxwell.

Construction & Real Estate

ROSHN Group launches non-profit to champion sustainable social development

Wed, 06 May 2026

ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF company, has launched the ROSHN Foundation, a non-profit entity dedicated to operating and managing and developing sustainable services and public amenities.

Construction & Real Estate

Key entertainment destination Al-Khobar Terrace opens

Wed, 06 May 2026

Saudi Arabia's Eastern Region Municipality has inaugurated Al-Khobar Terrace, a landmark waterfront development project, which aims to enhance Al-Khobar’s position as a leading tourism and entertainment destination.